One thing that jumped out at me, and I've not heard anyone else make mention of it, but this market is trending just like circa February to April. None of the up swings since the top and post flash crash have "felt" like this.
Of crucial note, Friday churned up right at the daily 200 day moving average. Given the daily head and shoulders pattern and the persistent nature of this swing move, I'm going to call out here that I think the odds move it to the upside from here. Not to new highs, mind you, but still further up.
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